*CarTrade Tech Ltd.* | *CMP* Rs. 1238 | *M Cap* Rs. 5674 Cr | *52 W H/L* 1618/1211
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 77.6 Cr (45.7% QoQ, 35% YoY) vs QoQ Rs. 53.2 Cr, YoY Rs. 57.5 Cr
EBIDTA came at Rs. -33 Cr (-30.9% QoQ, -415.7% YoY) vs QoQ Rs. -47.7 Cr, YoY Rs. 10.4 Cr
EBITDA Margin came at -42.5% vs QoQ -89.6%, YoY 18.2%
Adj. PAT came at Rs. -37.7 Cr vs QoQ Rs. -45.4 Cr, YoY Rs. 7.1 Cr
Quarter EPS is Rs. -8.2
Share is trading at 18x Q2 Annualised EV/Sales